Short Take: PeoplePC signs deal with Vivendi

San Francisco-based PeoplePC has signed a deal to offer computers and
Internet access to more than 250,000 workers at Vivendi Universal and
Vivendi Environnement. The program, subsidized by Vivendi, will start in
France, where employees will pay $2.72 (3 euros) per month over three years
for the package. The deal takes advantage of a change in French tax law that
takes effect Jan. 1. Under the new law, neither the company nor the workers
will be taxed for the PCs.

January 2, 20024:43 PM PST

San Francisco-based PeoplePC has signed a deal to offer computers and
Internet access to more than 250,000 workers at Vivendi Universal and
Vivendi Environnement. The program, subsidized by Vivendi, will start in
France, where employees will pay $2.72 (3 euros) per month over three years
for the package. The deal takes advantage of a change in French tax law that
takes effect Jan. 1. Under the new law, neither the company nor the workers
will be taxed for the PCs.